Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, pursuant to the Answer of 14 October 2024 to Question 7928 on Electricity: Wales, what assessment he has made of the adequacy of planned investment in the (a) distribution and (b) transmission grid to meet Net Zero targets.
As the independent regulator, Ofgem assesses network owners’ investment plans with regard to their duties, including to support net zero. Government supports Ofgem’s ambition for acceleration of network build and strategic investment in the next electricity transmission price control, covering the period 2026-31. Ofgem’s current consultation on the framework for the next electricity distribution price control (starting in 2028) identifies the need for significant investment ahead of need, strategic planning, and regulatory changes to prepare the GB distribution networks for net zero.